See all payment methods

Payment methods in Portugal

Card penetration is high in Portugal, thanks to a chip-and-PIN culture going back 30 years. The country has 29 million debit and credit cards in circulation, accounting for 83% of transactions.

The most popular payment method is MultiBanco, a local debit card. This is a post-pay option where a reference is generated at the checkout and then paid via an ATM with a debit card or via online banking.

COVID-19 had a significant impact on Portugal's e-commerce spend. Over 50% of the population shopped online in 2020, with verticals like supermarkets, retail and media benefiting from the highest increase.




Cards per capita


Want to see how people pay in other countries?

Browse and filter 100+ payment methods on region, channel, and more.